v3.25.1
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and Due from Banks $ 5,996 $ 5,793
Interest-bearing deposits with banks 36,175 33,975
Securities borrowed or purchased under agreements to resell 2,810 2,550
Trading assets at fair value 5,838 5,100
AFS securities, Fair Value 68,012 67,464
HTM securities (fair value of $40,438 and $40,286, respectively) 49,876 50,640
LHFS (including $917 and $1,233 at fair value, respectively) 1,114 1,388
Loans and leases (including $12 and $13 at fair value, respectively) 308,638 306,383
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest (4,870) (4,857)
Loans and leases, net of ALLL 303,768 301,526
Premises and equipment 3,168 3,225
Goodwill 17,125 17,125
CDI and other intangible assets 1,473 1,550
Loan servicing rights at fair value 3,628 3,708
Other assets (including $1,324 and $1,271 at fair value, respectively) 36,916 37,132
Total assets 535,899 531,176
Liabilities    
Noninterest-bearing deposits 108,461 107,451
Interest-bearing deposits (including $279 and $192 at fair value, respectively) 295,275 283,073
Short-term borrowings (including $2,329 and $1,896 at fair value, respectively) 23,730 29,205
Long-term debt 32,030 34,956
Other liabilities (including $1,763 and $2,286 at fair value, respectively) 11,768 12,812
Total liabilities 471,264 467,497
Shareholders’ Equity    
Preferred stock 5,907 5,907
Common stock, $5 par value 6,548 6,580
Additional paid-in capital 35,178 35,628
Retained earnings 24,252 23,777
AOCI, net of deferred income taxes (7,250) (8,213)
Total shareholders’ equity 64,635 63,679
Total liabilities and shareholders’ equity $ 535,899 $ 531,176
Common shares outstanding 1,309,539 1,315,936
Common shares authorized 2,000,000 2,000,000
Preferred shares outstanding 216 216
Preferred shares authorized 5,000 5,000